Check live subscription status of Yatharth Hospital IPO on day 2

27 Jul 2023 , 12:14 PM

The initial public offer of Yatharth Hospital opened on July 26 and the issue was fully subscribed on day 1 with 1.08 times subscription by the end of the day. Click here to subscribe the IPO.

The IPO has been subscribed 1.69 times on day 2 by 12 PM. Check the subscription details in the table provided below:

Category	No. of shares offered / reserved	No. of shares bid for	No. of times of total meant for the category
Qualified Institutional Buyers (QIBs)	46,45,486	12,02,750	0.26
Non Institutional Investors(NIIS)	35,61,701	1,00,51,800	2.82
Retail Individual Investors (RIIs)	83,10,636	1,67,33,700	2.01
Total	1,65,17,823	2,79,88,250	1.69

(Source: BSE)

The company has allocated 50% of its offer size to qualified institutional buyers, 15% to high net worth individuals, and the remaining 35% to retail investors. The closing date for the offer is July 28.

During the initial phase, the hospital chain operator successfully raised Rs 206 crore from the anchor book, a section reserved for qualified institutional buyers. Consequently, the overall offer size has been adjusted and reduced by Rs 205.96 crore, now standing at Rs 480.59 crore compared to its earlier value of Rs 686.55 crore.